Clay Inc. has two divisions. Myrtle and Laurel. Folowing is the income statement for the previous year: Sales Variable Costa Contribution Margin Pixed Coats (allocated) Profit Margin Myrtle Laurel Total $561,500 $337, 700 $899, 200 177,700 175,300 353,000 383, 800 162,400 546,200 285,775 172,225 458,000 $ 98,025 $ (9,825) $ 88,200 What would Cloy's profit margin be if the Laurel division was dropped and all fixed costs are unavoidable? Multiple Choice 598.025 pront 588,200 profit $383,800 profit